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Chapter 529: The Royal Bank's Enlarged Move

Chapter 529 Royal Bank’s enlarging move (please subscribe!)

Author: Linjiangjun

Chapter 529 Royal Bank’s enlarging move (please subscribe!)

On the first day of October, Yingtian City.

There was no morning meeting today, so Hong Lei went to Wang Hongzhuan's house early in the morning.

"Grandmaester, today is the day when Yingtian New City officially sells land. Today's policy will be obvious. If it has no effect, I think it is a great opportunity for us."

Wang Hongzhuan knows what Hong Lei means.

Hong Lei just wanted to use this to attack Yang Ying.

During the last commercial tax reform, Hong Lei completely hated Yang Ying!

If the land sales in Yingtian New City have no effect, this policy will be revoked.

Is it over with cancellation?

According to the behavior of officials in the Ming Dynasty, someone would definitely be found to take the blame.

Naturally, there are two people who take the blame. One is Shao Tingcai, Yin of Yingtian Prefecture, and the other is Yang Ying, the Minister of Household Affairs who leads the charge.

"Let's wait and see the results first?" Wang Hongzhuan didn't want to get involved in their dispute. He just wanted to respond to Tian Yanglao.

Hong Lei said reluctantly: "Now the supervisory censors have begun to write the impeachment memorial. Once the impeachment is launched, the court will make a decision."

"I think there will be big problems with today's new administration. When the time comes, the governor of Yingtian Prefecture will not be blamed. I have already thought about the candidates for the new governor, so I suggest that Weng Ziqi, the prefect of Hangzhou, be appointed."

Weng Ziqi was the prefect of Chenzhou who was persuaded by Jin Yiwei to rebel against the Qing Dynasty.

Sure enough, gold shines wherever it goes. In a short period of time, Weng Ziqi didn't know which thread to get on, and he climbed to a good position like the prefect of Hangzhou.

To be honest, although he has a good relationship with Hong Lei, Wang Hongzhuan still hopes that Yingtian New City can be sold at a good price. After all, this is a policy that complements the first five-year plan.

If problems arise, it will inevitably affect a series of subsequent infrastructure and industrial plans.

At three o'clock in the afternoon, old eunuch Li suddenly entered Zhu Kezang's study: "Long live my lord, Prime Minister Chen and Shao Fuyin are outside asking for an audience."

Zhu Kezang put away the hand-cranked Gatling drawings that he spent 80 points to redeem, and then said: "Let them come in."

Not long after, Chen Yonghua and Shao Tingcai came in.

"I will see you, Your Majesty."

"Excuse me, what's the matter?"

Chen Yonghua and Shao Tingcai looked at each other, and then Shao Tingcai said: "Your Majesty, since eight o'clock in the morning, as of now, the Royal Bank has loaned 15 million silver dollars."

Zhu Kezang's heart moved and he asked, "Is there a list?"

"This is the list."

Zhu Kezang took it and read it carefully.

There are a total of 6 private companies and 2 newly established state-owned companies that have obtained land respectively.

In total, they loaned 15 million silver dollars.

Zhu Kezang walked to the three-dimensional map of Yingtian City.

This is a complete map model of Yingtian City.

There are Gulou New District, Jianye New District, Jiangning New District, Pukou New District and Qixia New District.

Shao Tingcai said: "Your Majesty, the land in Gulou New District and Jiangning New District has sold the most."

Zhu Kezang glanced at the map and couldn't help but nod: "Of course they like to get land in Gulou New District and Jiangning New District."

The most praised thing about Gulou New District is their education!

According to the plan, three key primary schools and one key middle school will be built in Gulou New District!

There is also a huge commercial street planned.

More importantly, a large number of civil service agencies and officials’ family areas are located there!

From now on, it will definitely be a wealthy area, everyone knows!

"Gulou New District is close to the Imperial City and has good education and business planning. If I were them, I would buy here."

"Your Majesty, they actually bought Jiangning New District."

"Don't underestimate the vision of these businessmen." Zhu Kezang's eyes fell on Jiangning New District, "The railway from Yingtianfu to Hangzhoufu runs through Jiangning New District. From now on, it will be the only place for goods from South China to enter the imperial capital, and the winery

and textile factories are located in this generation.”

It can be said that Zhu Kezang clearly explained the essence of the current land sales.

He looked at these lists, and among them was the upstart Yingtian Xu Dehai.

This time, his Hengjiu Construction Company acquired two residential areas of 200,000 square meters and a commercial street of 300,000 square meters.

What is the current land price in Yingtian City?

Four silver dollars per square meter, a cabbage price!

Xu Dehai applied for 500,000 square meters of land and only needed 2 million silver dollars.

He took out 1 million silver dollars himself, but asked a bank for a loan of 3 million taels.

4 million taels of silver were prepared.

Why?

Because there are also various building development costs.

The court would definitely not allow him to directly ask the bank to lend him 3 million taels without paying a penny. What if this guy ran away?

Of course, you can't run away.

The family lists of such people have all been kept separately. If they want to leave Yingtian City, they must be registered with Jin Yiwei.

His family took out a loan of 3 million silver dollars.

The remaining eight families took out loans of 12 million silver dollars and paid out 6 million silver dollars themselves.

In other words, these 8 companies now have a total of 22 million silver dollars in hand.

This amount almost reaches the annual income of the Qing Dynasty in the past.

This is definitely a shockingly huge number.

Isn’t it great?

No, no, no, Xu Dehai himself has just returned home and is shaking at home.

The 1 million he took out was not taken by him alone.

The Hengjiu Construction Company was not owned by his Xu family alone, but was funded by several wealthy businessmen in Yingtian City. These wealthy businessmen all had very clean backgrounds.

They all belonged to ordinary families in the past, and they all came out with the Ming Dynasty court in the past few years.

Now that they are involved in such a huge national project, almost all of their wealth has been spent.

There are huge risks here.

Why do you say that?

For example, in a commercial street, if the business cannot keep up by then, wouldn't it mean that houses built there would be empty?

How to recoup the cost if the house is empty?

For example, what if no one buys a house?

These are all risks.

Once the risk comes out and they have no income, they will not be able to repay the loan from the Royal Bank. If the bank cannot collect the money, how can it pay benefits to the people who saved money?

This will cause problems in the entire capital chain.

Therefore, these businessmen are basically being roasted on the fire.

Because no one knows what will happen next.

Governor Shao Tingcai said: "Your Majesty, all the land has been sold in the first round. I am still a little worried."

"It doesn't matter if you say so."

"Now a total of 22 million taels have to be invested in private infrastructure construction, and private money has increased. According to your theory, private inflation will also increase, and I am worried that it will affect people's livelihood."

Governor Shao Tingcai looks at this issue from the perspective of people's livelihood, which is completely reasonable and very professional.

Zhu Kezang said calmly: "Grain, coal, cloth, and water sources are all related to people's livelihood. As long as the supply is sufficient, the prices of these things that guarantee basic people's livelihood will not increase. As long as these do not increase in price, people's livelihood will not be disrupted."

"I am just worried about food and coal mine issues!"
Chapter completed!
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